PSC to receive NT$1.5 billion loan from Transcend

Josephine Lien, Taipei; Jessie Shen, DIGITIMES Asia Monday 12 April 2010 0

Transcend Information's board of directors has approved plans to lend Powerchip Semiconductor Corporation (PSC) a total of NT$1.5 billion (US$48 million), according to the DRAM module maker. PSC would collateralize its stake in Rexchip Electronics as...

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